|Day Low/High||155.07 / 158.42|
|52 Wk Low/High||114.04 / 182.54|
Thanks for reading my Diary today. I am going to cut out early because I want to finish my write-up on 3M which I hope to have out tomorrow morning. Enjoy your evening.
But extreme short-term volatility will produce extreme long-term loss of public trust.
"Look up and not down; look out and not in; look forward and not back, and lend a hand." - Edward Everett Hale Make no mistake about it, the stock market panic and Bear Market of November-December 2018 is serious and profoundly threatens the economi...
My three favorite tech stocks for the near and intermediate term remain , and (my Trade of the Week). My two favorite industrial stocks are and . My favorite financial stock is . My favorite ETF is . My favorite takeover speculations are SQ, TWTR an...
As mentioned, I have been an aggressive buyer of over the last few days. I hope to have my analysis out later this week but I have been jammed.
I had promised the delivery of a full analysis of my most recent buy (also added to Best Ideas List) - 3M . Unfortunately, as I am travelling I won't have most of my notes so I will send out the column on MMM next week. Thanks for understanding.
Over the last 10 days I have been active on the long side. Additionally, I added several new longs to my Best Ideas List. I currently have, as previously reported, no individual equity shorts. Last week's long buys (and add-ons) of , , , , , etc. w...
What to buy and what to trim on the 90-day extension on trade talks.
Three days ago I purchased and placed 3M on my Best Ideas List at $197.40. The shares are up nicely today at $206.25 and MMM is one of my favorite contrarian longs for 2019. My analysis will be up on the company within the next week. (Remember one o...
Let's take a look to see if we can pin things down.
Here are some possible outcomes of this weekend, and how you can prepare your portfolio.
"And now, the end is near And so I face the final curtain My friend, I'll say it clear I'll state my case, of which I'm certain I've lived a life that's full I've traveled each and every highway And more, much more than this I did it my way" - Frank...
I continue to be net long. Today, with my purchases of VanEck Vectors Vietnam ETF and 3M Co. , I am slightly net longer than when I started the day.
Both 3M Co. and VanEck Vectors Vietnam ETF go on my Best Ideas list this morning.
I made a small investment in 3M at $197.40 based on its precipitous price drop over the last few months and the value proposition apparent, now coupled with the optionality of one of my 2019 Surprises -- Berkshire Hathaway acquiring MMM.
Here are 6 points showing China's growing economic weakness on this trade war. Stay away from China-exposed stocks, for now.
Knowing what stocks are really worth gives you the power to make logical buy and sell decisions.
As companies exit their earnings blackout period, those with large buyback programs will undoubtedly ramp up purchases.
There is clear divergence between the best and the worst performers in each sector this earnings season.
The current market is about escaping positions before they can fall further and then waiting until conditions improve.
"Workin' on our night moves Trying to lose the awkward teenage blues Workin' on out night moves In the summertime And oh the wonder Felt the lightning And we waited on the thunder Waited on the thunder." -- Bob Seger, Night Moves Overnight the S&P ...
Traders want to know if they should buy, sell or hold 3M after its drop on Tuesday.
There is some substantial work that needs to be done to return to health.
The big question now is how much longer can this bounce continue?
"More recently (of two days vintage), a biz media commentator and a "talking head" on CNBC - after the Netflix beat and initial sharp share price rise (which has now been aborted) - both confidently said, this week, that the earnings report would be...
This stock can become much cheaper if there is a major cycle turn occurring.
Caterpillar's strong third quarter isn't helping to buoy its shares, which are sliding on concerns over higher freight and raw material costs.